The latest report from MyMarketPulse (mymarketpulse.com) has been published, offering a comprehensive review of Portsmouth, Virginia’s real estate market for August 2024.
The report shows that the Median Sale Price in Portsmouth reached $262,500 as of August 2024, marking a decrease of 2.1% over the previous month and a 2.9% rise compared to a year ago.
A total of 123 homes were sold in the region, indicating a decrease of 8.2% from last month and a drop of 11.5% when compared with a year ago.
The Median Days on Market was 28 days, down 3 days from the previous month and up 5 days from the prior year.
The Market Pulse Score for Portsmouth comes in at 104, pointing to a rising trend within the local real estate market.
For more information about the Portsmouth, Virginia market, visit MyMarketPulse.com.
MyMarketPulse is a free service of Digital Build Team (DBT, DigitalBuildTeam.com). Its goal is to help everyone quickly understand and compare real estate markets by providing timely data and visual analysis to help explain current market trends and predict future opportunities.
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